Investing Money?

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MuscleMan
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Re: Investing Money?

Postby MuscleMan » Tue Nov 01, 2011 2:15 pm

You need to be in it for the gusto if you want to make a capital gain. You also need to understand how fixed rates trend, where the best return:risk is, and what affects the market.

I'm adverse to risk, that's why I like cashed based deposits. Definitely agree you wont reach you highest possible potential return taking a fixed deposit, but you aren't subject to the risk either. Cant speak for everyone but I cant afford to lose my savings ;)

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Re: Investing Money?

Postby the croc » Tue Nov 01, 2011 4:46 pm

Unless you really know what you are doing you're an idiot to do anything other than low risk investments.

Only trouble is actually ensuring low risk investments are actually low risk, we all know what happened to the AAA rated, "low risk" sub-prime mortgage investments.
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MuscleMan
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Re: Investing Money?

Postby MuscleMan » Tue Nov 01, 2011 5:48 pm

what? sub-prime lending did exactly what was intended of it. Banks got huge return on equity on risky loans against ramped property. The developers got massive capital gains, the banks had a massive flow of income for a short period, then as expected it went to shit and the only people that lost were the home owners (po folk).

Sub-prime lending is another example of an engineered fall designed to make the guys at the top richer, at the expense of the guys at the bottom.

/life

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Re: Investing Money?

Postby Nathanael » Wed Nov 02, 2011 1:15 pm

uhhhh dudes, stop being all savvy and shit. You're really messing up dudes like Subverts heads.

plz go back to this
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Re: Investing Money?

Postby Marrow » Sat Jul 14, 2012 5:27 pm

Bumping more old shit.
I want to buy an apartment in auckland and rent it out. Anyone done anything like that?
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Re: Investing Money?

Postby nazi scum » Sat Jul 14, 2012 5:29 pm

Yea I rented out an apartment once.
i say all islamic people are welcome, just leave your fuckin shitty religion at the door.

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Re: Investing Money?

Postby ghetto ninja » Sat Jul 14, 2012 5:51 pm

Marrow wrote:Bumping more old shit.
I want to buy an apartment in auckland and rent it out. Anyone done anything like that?

If youre looking central city, give me a yell, I can tell you which of the big blocks are going to fuck you with massive body corporate fees because they werent built properly.
Also dont fucking bother getting a property manager, I deal with them everyday and am yet to meet one I would use myself.
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Re: Investing Money?

Postby mmmm....good crack » Sat Jul 14, 2012 6:11 pm

Moved in with the missus who owns her house, couple more years and I'm a homeowner. ah lovely
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Re: Investing Money?

Postby xsfat » Sat Jul 14, 2012 8:21 pm

I struggle to see the attraction of buying a unit or apartment in NZ.

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Martli
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Re: Investing Money?

Postby Martli » Sat Jul 14, 2012 8:43 pm

I'm just using Term Deposits. Getting 4.5% (1 year term). Building up house deposit.

I like the idea of the low risk and not being able to waste my money.

I very briefly considered a PIE fund but the way all the fees and stuff worked looked overly complicated so I figured i'd probably just get ripped off. Can't say I spent too much time looking in to that option though.
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Re: Investing Money?

Postby Marrow » Sat Jul 14, 2012 8:46 pm

Gonna take a look at whats around once I get back to NZ. My mate reckons his property manager is actually real dece, which is good, because I travel too much to do anything myself
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bridge.
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Re: Investing Money?

Postby bridge. » Wed Jul 18, 2012 8:36 pm

Invested some money at the TAB. 210% roi. Beat that mr term deposit.

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FC
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Re: Investing Money?

Postby FC » Wed Jul 18, 2012 8:48 pm

ghetto ninja wrote:If youre looking central city, give me a yell, I can tell you which of the big blocks are going to fuck you with massive body corporate fees because they werent built properly.
Also dont fucking bother getting a property manager, I deal with them everyday and am yet to meet one I would use myself.


It really does depend. I think they are worse in big cities, because I know my mum (living in tokoroa) requires so much fucking proof you are a good tenant, and then kicks them on their ass when they fuck up, so really earns the money they get as a property manager. If you are doing it yourself then as soon as it turns to shit you have to sort all the fuck ups yourself, and it can be incredibly time consuming to chase up money from rent/damage...but that is what property managers are paid to do.

I guess the bigger the market, the more you can afford to ignore a few people and still retain your reputation/client base.
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Re: Investing Money?

Postby mmmm....good crack » Wed Jul 18, 2012 9:30 pm

Lucky she makes all that money on the side hooking
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FC
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Re: Investing Money?

Postby FC » Wed Jul 18, 2012 9:40 pm

Yeah, she's a pricey lady. Leith and I once went halves on yours for a fiver.
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Re: Investing Money?

Postby nazi scum » Thu Jul 19, 2012 11:24 am

Martli wrote:
I very briefly considered a PIE fund .


Im saving up for a mince and cheese.
i say all islamic people are welcome, just leave your fuckin shitty religion at the door.

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Martli
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Re: Investing Money?

Postby Martli » Fri Jul 20, 2012 7:31 am

nazi scum wrote:
Martli wrote:
I very briefly considered a PIE fund .


Im saving up for a mince and cheese.


Like this?
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Dead Kid
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Re: Investing Money?

Postby Dead Kid » Fri Jul 20, 2012 9:16 am

nazi scum wrote:
Martli wrote:
I very briefly considered a PIE fund .


Im saving up for a mince and cheese.

If only you'd invested in some dental care, you could've upgraded that mince to steak.
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